Dec 14, 2012 11:00pm PST
keeps coming to mind as i try to follow the melodrama in washington that has us heading for a cliff. a fiscal cliff. but are we? or is this, another myth in the making? for some insight, we turn to two seasoned observers both of whose books you'll want to as santa to leave in your stocking. bruce bartlett was an economic adviser to the supply-side icon jack kemp, and to two presidents -- ronald reagan and the first george bush. he got into hot water with his conservative cohorts when he wrote a widely quoted book critical of the second president bush. his most recent work is "the benefit and the burden: tax reform-why we need it and what it will take." yves smith is the founder and editor of the popular blog naked capitalism. after 25 years in the financial services industry, she now heads the management consulting firm aurora advisors. she's the author of this book: "econned: how unenlightened self interest undermined democracy and corrupted capitalism." welcome to you both. >> thank you. >> thank you. >> is the fiscal cliff just a metaphor? or is it for real? >> well, the cliff is
Dec 15, 2012 10:00am EST
, it is not only vote on the ground, this is an understanding in washington why many people are here. you talk about helping syria. it is basically getting enough help, either of the aid -- enough aid to help those that have been fighting for over a year. there are many commanders that have been proven to be a very trusted people. i really do not know how much this administration tried to find the good people, because when you talk to the officials there, how do you know who was good and bad? if you start trying to find your man now, you are probably too late already. this is my last point, i personally know a couple of people who have been living in the u.s. for 20-30 years and have been financing and fighting themselves. at least they could be easy to fund, but unfortunately they always complain they could not get allegiance from the administration. >> your answer is the u.s. government should provide more support to the insurgency? he could definitely. >> in the form of? >> heavy army. >> in terms of recommendations for the administration, they need to understand time is not on their side.